Huayu started as a substitute director

Chapter 79 The Greatest Thing is Creation

A few days later, Fang Hong met Meng Jun again. Last time they just got to know each other, but this time they started a deep conversation.

Still in that reception room.

Fang Hong asked directly: "What do you think?"

"What I want to ask you is, what is your future development direction?" Meng Jun asked back, leaning back in his chair.

"Build a large content system that covers film, television, games, and short and medium video platforms. The entire industry chain is self-circulating."

Fang Hong talked about his huge "empire" concept.

Meng Jun was stunned by what he heard. He really dared to brag. With the small scale of the film and television industry, it was impossible to support the content system.

Because the more sectors involved, the more funds are needed to maintain and feed them.

For example, if you invest 1 million yuan in each of a movie and a TV show at the same time, then 2 million yuan will be spent. Where does the money come from?
You know, the collection cycle of the film and television industry is very slow. If it is delayed for a year or two, 2 million yuan will be delayed.

If things go wrong, the capital chain will easily break!

"Then how do you solve the problem of funding source? The film and television industry simply doesn't have such a large plate to support the large content system you mentioned," he said.

"That's why I need you to join me. You are in finance, and you are the one who will help me increase revenue and reduce expenditure, leverage, and help me develop quickly." Fang Hong said.

"You can use leverage, but you also need to have a solid foundation. If the project and the company lose money, those banks and capitals will not help you," said Meng Jun.

When people see that something is wrong with you, they will immediately ask you to pay back the money. Borrowing an umbrella when it is sunny and taking it back when it rains is what those people often do.

"Loss? Then you have no confidence in me. If you have no confidence, then why bother talking?" Fang Hong spread his hands.

These words choked Meng Jun, as if he didn't trust this person.

He just habitually thought of things in the worst possible way, which was a common problem in finance. Besides, he didn't know what Fang Hong's situation was.
"You are the head of finance and my partner. You must have the minimum confidence in the team."

Fang Hong said to him: "Don't worry about the funds. I have other channels. If you trust me, you can join me and give it a try. There is no loss to you."

"Then I would like to ask Mr. Xia, what is the other channel you mentioned?" Meng Jun asked.

"You haven't even joined yet, and I told you everything, so I don't have any secrets."

Fang Hong continued, "How about you just work here for a year? If you want to quit after a year, I won't stop you and I'll give you a bonus of one million. How about that?"

I don't know what a worker is so anxious about. If it doesn't work out here, just find another job in the future!
I guess he wants benefits and shares, but Fang Hong has no plans to distribute them at this stage.

Because if it is distributed at the current stage, the proportion is only a few percent or more than ten percent. When his company grows bigger and bigger, this proportion will be too scary.

If it is worth 100 billion and accounts for 10%, then 10 billion of profits will be shared.

At that time, it will be equivalent to poverty alleviation and charity.

Because this company was built by Fang Hong's foresight, and does not rely on anyone else's skills.

Their skills can only play a supporting role!
If it is given to this person, will Chen Zhixi want a share? Will Yu Xian want a share? These two people are also in his core circle, and there are others!
So at this stage Fang Hong will not make any distinction. He can do it if he wants to, and forget it if he doesn’t want to. If he can’t find a super professional financial officer, he can find a less professional financial officer who can run the business.

His company is not particularly large, and does not require very professional financial services at this stage.

I'm just too lazy to accompany you in your growth, and I'm too lazy to change people later.

"You are still so young, this year will not have any impact on you, and it can even add to your resume, right!" Fang Hong said again.

Hearing him say this, Meng Jun was a little tempted. His current annual salary plus bonus was less than one million.

This year really didn't have much impact on Meng Jun now, after all, he was less than 30 years old. Meng Jun was persuaded by him and stood up: "Okay, then I will believe Mr. Fang and join this big family."

"You will be proud of your decision today." Fang Hong said with a smile.

We didn’t talk about shares and quotas. We’ll talk about it a year later.

At this stage, it is an employment model, just like Chen Zhixi, but it is also considered Fang Hong’s core circle, and there is someone specifically looking after his purse.

Next, Meng Jun set up the financial department. At this stage, there was no need for such professional financial personnel, as long as they could do the accounting.

Since there are many places to spend money, there is the investment in the drama "So Young".

There is also investment in games, office equipment, and various software and hardware, all of which require money.

For example, game development requires a storage center and the software engine to be used.

The game has a lot of drawings and animations, so it needs to be stored in a storage center. The software engine also has an annual fee of about 3.5.

This is just the cost of use. Once the game is launched and becomes popular, you will need to pay a service fee of around US$0.2 based on the number of downloads and installations.

That is, the user will be charged a fee every time he installs the software.

In the future, we will still need to have our own engine, otherwise we will have to pay taxes to the Americans.

This money is all budgeted for, which means it has not been fully spent yet and is still in the company's account.

In addition, there are tax accounting, company income and the like, but no personal income, and Fang Hong has no salary.

There has been no income in the past two months. If we want to invest in games, the entire company will not be able to make ends meet, so we can only raise funds.

When Li Min brought a few people to join the company, Meng Jun raised 1000 million yuan from the bank as a capital pool for the company's development, with an annual interest rate of 6%.

This money will be shared between the development of games and movies. It will fill in the gaps on either side, and if the funding chain is broken, it will be cut completely. Fang Hong is really not afraid of getting hurt.

Of course, at this stage, movies are still Yutu’s main business.

Since there was money in the company's account, financing went smoothly and the development of "Heroes of Glory" was carried out smoothly!
That’s right, Fang Hong named his game “Heroes of Glory”.

The name was chosen to seize the luck of "Honor of Kings" and cut off the dragon vein of "League of Legends" at the same time.

Now Fang Hong’s favorite thing to do is to cut off the dragon veins of certain companies.

He is not very interested in things like investment, he likes to create!
Investing means other people spending your money to create your own things. Greatness will also be achieved by others, and you will always be a stinky capital.

Therefore, one’s own creation is the greatest, and a company’s creation is its core competitiveness.

That day, the game department held a meeting.

There were 22 people sitting on both sides of a long conference table, including Fang Hong and Li Min, a total of 24 people.

This is the current development team of "Heroes of Glory".

Li Min only brought three people, and the others were introduced or recruited from the society.

There is no shortage of talent in game development, because the game industry is booming right now, and many students go into the game field after graduating from college.

There is no way. Movie special effects are not popular yet, and animation cannot compete with foreign countries. The wages in these two industries are low, so talents can only run to the gaming industry, which makes money!

(End of this chapter)